Generali posted a 7.6% increase in the H1 19 operating result to €2,724m. All earnings generators are working well. In the P&C segment, the Italian market released an upward trend in sales and the operating result rose by 1.4% to €1,121m. The decline in the Unit-Linked sales has not prevented the Italian insurer from getting higher profits (up 4% to €1,611m). The Asset Management strategy began to bear fruit, but additional scale is needed to reach targets.
01 Aug 2019
Great H1 19
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Great H1 19
Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
01 Aug 2019 -
Author:
Bassem Neifer -
Pages:
3
Generali posted a 7.6% increase in the H1 19 operating result to €2,724m. All earnings generators are working well. In the P&C segment, the Italian market released an upward trend in sales and the operating result rose by 1.4% to €1,121m. The decline in the Unit-Linked sales has not prevented the Italian insurer from getting higher profits (up 4% to €1,611m). The Asset Management strategy began to bear fruit, but additional scale is needed to reach targets.